Federal Realty Investment Trust (FRT.PC) stock
FRT.PCNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as FRT
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Oct 30, 2026Score 15/3012% below fair value
$17.64−0.29 (-1.62%)
Close on Oct 30, 2026Market cap $9.57BP/E 19.2Yield 4.02%
Federal Realty Investment Trust operating margin
Operating margin is operating income as a percentage of revenue.
Federal Realty Investment Trust's operating margin for the twelve months ending Mar 31, 2026 was 53.6%. For fiscal 2025 it was 47.1%, against 39.3% the year before. The highest annual figure on record is 50.3% in fiscal 2019.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 47.1% | +7.8 |
| FY2024 | Dec 31, 2024 | 39.3% | +3.4 |
| FY2023 | Dec 31, 2023 | 35.9% | −13.1 |
| FY2022 | Dec 31, 2022 | 49.0% | +7.5 |
| FY2021 | Dec 31, 2021 | 41.5% | +6.8 |
| FY2020 | Dec 31, 2020 | 34.7% | −15.7 |
| FY2019 | Dec 31, 2019 | 50.3% | +10.8 |
| FY2018 | Dec 31, 2018 | 39.5% | −8.3 |
| FY2017 | Dec 31, 2017 | 47.8% | +7.8 |
| FY2016 | Dec 31, 2016 | 40.0% | −0.3 |
| FY2015 | Dec 31, 2015 | 40.3% | +0.8 |
| FY2014 | Dec 31, 2014 | 39.5% | −0.4 |
| FY2013 | Dec 31, 2013 | 39.9% | −2.0 |
| FY2012 | Dec 31, 2012 | 41.9% | +0.8 |
| FY2011 | Dec 31, 2011 | 41.1% | −1.2 |
| FY2010 | Dec 31, 2010 | 42.3% | +2.7 |
| FY2009 | Dec 31, 2009 | 39.6% | −2.2 |
| FY2008 | Dec 31, 2008 | 41.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2026 | Mar 31, 2026 | 61.3% | +26.3 |
| Q4 FY2025 | Dec 31, 2025 | 53.8% | +18.7 |
| Q3 FY2025 | Sep 30, 2025 | 34.3% | −0.5 |
| Q2 FY2025 | Jun 30, 2025 | 65.1% | +12.0 |
| Q1 FY2025 | Mar 31, 2025 | 35.0% | +0.6 |
| Q4 FY2024 | Dec 31, 2024 | 35.1% | −2.2 |
| Q3 FY2024 | Sep 30, 2024 | 34.9% | −0.1 |
| Q2 FY2024 | Jun 30, 2024 | 53.0% | +16.8 |
| Q1 FY2024 | Mar 31, 2024 | 34.4% | −0.7 |
| Q4 FY2023 | Dec 31, 2023 | 37.3% | −18.1 |
| Q3 FY2023 | Sep 30, 2023 | 34.9% | −35.2 |
| Q2 FY2023 | Jun 30, 2023 | 36.3% | +0.8 |
| Q1 FY2023 | Mar 31, 2023 | 35.1% | +1.6 |
| Q4 FY2022 | Dec 31, 2022 | 55.4% | −2.7 |
| Q3 FY2022 | Sep 30, 2022 | 70.1% | +35.5 |
| Q2 FY2022 | Jun 30, 2022 | 35.4% | +1.4 |
| Q1 FY2022 | Mar 31, 2022 | 33.5% | −4.5 |
| Q4 FY2021 | Dec 31, 2021 | 58.0% | −11.1 |
| Q3 FY2021 | Sep 30, 2021 | 34.6% | +32.8 |
| Q2 FY2021 | Jun 30, 2021 | 34.0% | +6.6 |
| Q1 FY2021 | Mar 31, 2021 | 38.0% | +0.9 |
| Q4 FY2020 | Dec 31, 2020 | 69.2% | −4.5 |
| Q3 FY2020 | Sep 30, 2020 | 1.8% | −38.4 |
| Q2 FY2020 | Jun 30, 2020 | 27.4% | −20.1 |
| Q1 FY2020 | Mar 31, 2020 | 37.0% | −2.2 |
| Q4 FY2019 | Dec 31, 2019 | 73.7% | +37.6 |
| Q3 FY2019 | Sep 30, 2019 | 40.2% | −0.5 |
| Q2 FY2019 | Jun 30, 2019 | 47.5% | +5.8 |
| Q1 FY2019 | Mar 31, 2019 | 39.2% | −0.5 |
| Q4 FY2018 | Dec 31, 2018 | 36.0% | −1.1 |
| Q3 FY2018 | Sep 30, 2018 | 40.7% | +1.9 |
| Q2 FY2018 | Jun 30, 2018 | 41.7% | +1.8 |
| Q1 FY2018 | Mar 31, 2018 | 39.7% | +0.4 |
| Q4 FY2017 | Dec 31, 2017 | 37.1% | −3.8 |
| Q3 FY2017 | Sep 30, 2017 | 38.8% | −1.2 |
| Q2 FY2017 | Jun 30, 2017 | 39.9% | −0.5 |
| Q1 FY2017 | Mar 31, 2017 | 39.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 40.9% | – |
| Q3 FY2016 | Sep 30, 2016 | 40.0% | – |
| Q2 FY2016 | Jun 30, 2016 | 40.5% | – |